BANKING ANALYTICS

Ranking of the Azerbaijani banking sector (ranking includes the information component of the banking sector, the main events of the world economy, the analytical review of the main indices of the banks which are being ranked)

Greece, Israel to set up regional force to tackle natural disasters

Greece and Israel agreed on Wednesday to set up a regional force to deal with natural disasters, after Israel struggled to contain deadly wildfires which killed at least 40 people and forced mass evacuations last month, DPA reported.

"We have agreed to form a group to deal with emergency disasters," Israeli Foreign Minister Avigdor Lieberman said following talks with his Greek counterpart Dimitris Droutsas.

Greece has taken on the initiative to organise the regional force and has invited the relevant authorities of the Palestianian Authority and other countries in the region such as Turkey, Egypt and Jordan to join the effort.

The Palestinian Authority contributed personnel and vehicles to an international force sent to assist Israel in its firefighting efforts in December which killed 42 people.

Both countries also agreed to set up joint committees in the areas of energy, environment and technology.

Lieberman's visit to Athens, the first by an Israeli foreign minister in more than 15 years, comes after a similar visit by Israeli premier Benjamin Netanyahu in August which underscored a dramatic rapprochement with Greece after decades of frosty relations.